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Property profile & analytics
FOR SALE
Office Spaces
4109 Robinson St NW Covington, GA 30014
Entity Owned
1-yr Hold
Free & Clear
Property ID
US22-1287246
For Sale
1 / 74
$699,000
4109 Robinson St NW, Covington, GA 30014
View Listing →
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1977
Construction
STEEL FRAME
Total area
1,600 SF
Lot
0.42 ac (18,295 SF)
Zoning code
C1
APN
C0370-00020-002-000
UPID
US22-1287246
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$850k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$548k
Blend (final)
Blend
$820k
Owner & transaction history
Air Georgia Heating & Cooling LLC · 1 yrs held
Air Georgia Heating & Cooling LLC
since 2025
Last sale
$800,000
4 recorded transactions
Zoning & alternative use
C1 · Covington, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Covington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Covington submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$830,000
ML approach
$850,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$820k
Range $738k – $902k · ±10% · vs last sale $800k (Apr 16 2025)
Last sale anchor
$800k
Apr 16 2025
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$513 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$5,375
Tax year 2023
Assessed value
$165,400
Assessed 2023
Previous assessed
$165,400
+0.0% YoY
Effective rate
3.25%
On assessed value
Assessed land
$43,880
Assessed improvement
$121,520
Land market value
$109,700
Improvement market value
$303,800
Total market value
$413,500
Applied tax rate
2.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Status
For Sale
Year built
1977
Construction
STEEL FRAME
Heating
SPACE
Cooling
CENTRAL
Stories
1
Bathrooms
3
Total area
1,600 SF
Lot
0.42 ac (18,295 SF)
Zoning code
C1
APN
C0370-00020-002-000
UPID
US22-1287246
Jurisdiction
NEWTON
Zoning & alternative use
C1 · Covington, GA
Zoning C1 · permitted uses
C1 · Covington, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Covington. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1977
Construction
STEEL FRAME
Heating
SPACE
Cooling
Yes
Stories
1
Bathrooms
3
Lot
0.42 ac
Current owner
From public records · entity-resolved
Air Georgia Heating & Cooling LLC
Entity
Free & Clear · 1 yrs held
Mailing address
4109 ROBINSON ST NW, COVINGTON, GA 30014-2137
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 16, 2025
$800,000
Air Georgia Heating & Cooling LLC
Peppers Heating & Air Conditioning
Warranty Deed
—
May 12, 2021
$420,000
Peppers Heating & Air Conditioning
Jerry W Griffin
Warranty Deed
$357,000 · Persons Banking
Aug 12, 2016
—
Donald R Griffin
Griffin,lois G
Affidavit Of Death
related
—
Jul 11, 2016
—
Jerry W Griffin
Griffin,donald R
Quit Claim Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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